Aimbridge Hospitality announced the appointment of Michael Deitemeyer to president and CEO. He will succeed cofounder Dave Johnson, effective January 1, 2021. Since October 2019, Deitemeyer has served as the global president of Aimbridge Hospitality, overseeing the successful merger with Interstate Hotels & Resorts, where he served as CEO.
Johnson will assume the newly created role of executive chairman where he will focus on transformational growth, including capital markets, M&A, and new business opportunities. Since cofounding the company 17 years ago, Johnson has led Aimbridge to become a global powerhouse from its original portfolio of eight properties into a portfolio of more than 1,500 branded and independent properties in 20 countries and over 60,000 employees.
In his new role as president and CEO, Deitemeyer will be responsible for all of the company’s business segments and will report to both Johnson and the board of directors. He brings over 25 years of hospitality experience to the role, where he will focus on streamlining operations and building new segments of business for the company, which has added 128 properties to its portfolio this year and is on track to add another 120 properties in the next 120 days. Deitemeyer continues to have a seat on the board of directors.
Photo: Courtesy of Aimbridge Hospitality